Recent project milestones for the Pecos County refinery project are listed below:

  • June 13, 2017: MMEX announces $3M equity agreement with Crown Bridge Partners, LLC
  • June 13, 2017: MMEX announces plans to build a 10,000 BPD crude oil refinery as an initial unit to the large-scale 50,000 BPD refinery in Pecos County
  • May 17, 2017: MMEX & Fort Stockton Chamber of Commerce Ambassadors Ribbon Cutting Ceremony, Opening of MMEX Office in Fort Stockton, Texas
  • May 4, 2017: MMEX Executes Letter of Intent with Supplier of Refinery 50,000 BPD Crude Oil Volumes
  • Apr 27, 2017: Technical Conference Status Meeting with Consultants, EPC/Environmental/Strategic Planning
  • Apr 25-26, 2017: Pecos County Land site survey completed
  • Apr. 18, 2017: Meetings with Investment Banks NYC, Engagement Letter pending
  • Apr. 13, 2017: Environmental Firm retained to prepare and process necessary State/Federal Permits
  • Apr. 12-13, 2017: Crude oil supply follow-up meetings; Draft of LOI submitted
  • Mar. 25, 2017: Engineering, Procurement and Construction (EPC) Company retained
  • Feb. 27, 2017: Strategic Consultant and Industry Advisor retained
  • Feb. 20, 2017: Pecos County Land Purchase and Sale Agreement Executed (500 acres)
  • Feb. 15, 2017: Public Relations Firm retained
  • Feb. 14, 2017: Pre-permit meeting held with Texas Commission on Environmental Quality (TCEQ)

View Project Overview

View Progress Photos / Video

MMEX President & CEO Jack Hanks presents a Pecos County Refinery project update at the Southwest Energy Summit
June 13, 2017
Ribbon Cutting Ceremony, Opening of MMEX Office in Fort Stockton, Texas
May 17, 2017
Technical Conference Status Meeting with Consultants, Dallas, TX
April 27, 2017
Pecos County Land Survey, Fort Stockton, Texas
April 25, 2017
Site Location for Pecos County Refinery

Site Location for Pecos County Refinery


Overview of Distances to Potential Markets

Overview of Distances to Potential Markets